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World's Second Largest Bitcoin Mining-Machine Manufacturer Looks To Go Public In U.S.

Ramsey Baker

Summary: The world’s second largest Bitcoin mining-machine manufacturer, Canaan, has officially filed for a U.S. initial public offering. The company based in Hangzhou, China has listed their offering size at $400 million in it’s filing with the U.S. Securities and Exchange Commission (SEC), however this amount is more than likely just a place holder and will ...

The world’s second largest Bitcoin mining-machine manufacturer, Canaan, has officially filed for a U.S. initial public offering.

The company based in Hangzhou, China has listed their offering size at $400 million in it’s filing with the U.S. Securities and Exchange Commission (SEC), however this amount is more than likely just a place holder and will eventually change. Canaan tried a listing in Hong Kong last year before the listing eventually lapsed in November.

By Ramsey Baker

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